How would this look to an investor looking to buy

[Jesus Villarreal]

dear Bp members,

I am in the process of acquiring a property that is 50k arv but in need of 20k in repairs. The owners were wanting somewhere close to 20k. I offered 8k and they countered with 15k. We agreed verbally on 10k. What formula do buy and hold investors use? I believe that my efforts in selling this property without doing any repairs aside from pulling carpets and demoing a bathroom will be aimed at them. Also any advice on how this deal looks pls feel free and comment. I am a new investor, I am closing with cash and I appreciate any advice.